New Brazilian deep sea development

Deep sea development: The new 'greenfield' port will be built in the industrial area of Vitória, Brazil. Photo: Luiz Alberto Maron Vieira/Flickr Deep sea development: The new 'greenfield' port will be built in the industrial area of Vitória, Brazil. Photo: Luiz Alberto Maron Vieira/Flickr
Industry Database

Brazil’s state of Espirito Santo is set for a new deep sea port – a result of a new joint venture signed by the Rotterdam Port Authority and Terminal Presidente Kennedy (TPK) Logistica.

The ‘greenfield’ port will be built in the southernmost part of the state, in Vitória, in the industrial heart of Brazil. It will be a deep sea port for the handling of oil, gas, dry bulk, containers and general cargo. It will also serve as a support centre for the strongly growing offshore sector in the region.

Around 30 million tonnes of cargo is transported each year between Brazil and the Port of Rotterdam, with iron ore traditionally the major cargo type, making it the most important northern European port for Brazil.

Rotterdam Port Authority says its main role in the new venture will be to provide its knowledge for the development of the port.

The Authority has been operating in Brazil since 2010, when it was asked by the Brazilian government to advise on a strategic study into remodelling the aged Brazilian port sector, which consists of 34 public ports along the 8,000km coastline.

One company set to benefit from this latest development is SOHAR Port and Freezone, a deep sea port and free zone in the Middle East, managed by Sohar Industrial Port Company (SIPC), a joint venture between the Port of Rotterdam and the Sultanate of Oman. 

SOHAR says the new port will help it endorse its global reach, and through the partnership and work with Rotterdam, there is greater opportunity for recognition on the world stage and for attracting companies from across the globe.

Over the coming months, existing market interest will be specified and the required permits will be obtained.

An investment decision will not be made until a later stage.

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